Progressive Care Inc (RXMD)

[CaptHowdy]

Still not profitable, nor the 10K most were hoping for. Sorry folks.

https://fintel.io/doc/sec-progressive-care-inc-1402945-10k-2024-april-11-19824-2411

We have a history of losses and may not be able to achieve or sustain profitability.

We may incur operating losses in the foreseeable future.

For the years ended December 31, 2023 and 2022, we recognized overall revenue of approximately $49.7 million and $40.6 million, respectively. For the years ended December 31, 2023 and 2022, we had net losses of approximately $19.4 million and $5.9 million, respectively. Our ability to achieve profitability depends on our ability to have successful operations and generate and sustain sales, while maintaining reasonable expense levels.